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Tesla announces third-quarter loss but the stock rises on future promises


The California-based electric car company had an adjusted profit of 2 cents per share, but the company still posted a $75 million net loss and decided to trim down its full-year sales outlook to 33,000 units. During the three-months period, the youngest publicly held US automaker had its best-ever quarterly sales - 7,785 Model S units. And, according to CEO Elon ...
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More Model S articles

Tesla’s leapfrogs explained: advanced driving aids and McLaren-like performance
We just told you that Tesla unveiled a suite of enhancements for the Model S electric sedan – new features that CEO Elon Musk sees akin to airplane’s autopilot and ...
Tesla Model S gains all-wheel drive, “autopilot” system
During a media packed event held in Hawthorne, California, Elon Musk – the billionaire CEO and co-founder – presented the latest features to adorn the electric Model S: all-wheel drive ...
Tesla’s mysterious “D” will be unveiled today
The California-based electric automaker’s billionaire entrepreneur chief executive Elon Musk will shed light on the company’s latest “surprise,” after he launched what has become a media bomb on October 1. According ...
Analysts forecast Tesla would unveil all-wheel drive for Model S
Elon Musk, Tesla’s billionaire co-founder and CEO started an automotive mass craze after posting a mysterious teaser on Twitter on October 1, hinting at the unveil of a new “D” ...
Report – Tesla’s mysterious “D” could relate to automated driving features
Back on October 1, Tesla’s chief executive officer Elon Musk posted a mysterious Tweet saying the company would “unveil the D and something else” on October 9. Naturally, the automotive world ...
Super material could dramatically increase Tesla cars range
The highly coveted luxury electric sedan from Tesla – the Model S – boasts an impressive range for the segment – the EPA rates it for no less than 265 ...
iPhone owners can remotely start their Tesla Model S
Remote starting and locking/unlocking of vehicles is not entirely new, but usually you do need the key fob. For Tesla Model S owners that have an iPhone that’s not a ...
Tesla increases Model S warranty to eight years
Following recent criticism towards its $70,000-plus electric luxury sedan, the California-based Tesla Motors decided to boost the warranty of the Model S to eight years. Late on Friday the automaker said ...
Consumer Reports says Tesla Model S reliability needs improvements
The influential US car magazine, which last year praised the electric vehicle, says now that after owning it for a while, the Model S revealed to have "more than its ...

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